Applied Materials News

Applied Materials Inc. and Semitool Inc. have entered a definitive agreement for Applied to acquire Semitool's outstanding shares for $11 per share in an all-cash tender offer.

A research firm that develops advanced textiles for the automotive, aeronautics and defense industries says it will open a new facility in South Carolina, creating 120 new jobs.

Presented by Applied Materials, The Tech Awards celebrates the power of technology to address global challenges in the environment, economic development, education, equality and health.

They are business plans that measure success beyond bottom lines. Instead of moving inventory and selling services, these entrepreneurs aim to bring electricity to those without lights, nutrition to those who will die without supplemental vitamins and low-cost solar hearing aids for those who otherwise couldn't afford them.

Applied Materials, Merck and Braunschweig University Awarded Funding by German Government for OLED Research Applied Materials, Inc., Merck KGaA and the Braunschweig University of Technology today announced that they have been awarded a grant by Germany's Federal Ministry of Education and Research to develop processes to lower the cost of ...

A California-based technology company says it's buying Kalispell-based Semitool for $364 million.

Today: Verizon is on track to sell 600,000 Droids this year, an analyst says. Applied Materials has offered $364 million to buy Semitool.

The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: Assured Guaranty Ltd., up $4.32 at $25.53 Shares of the bond insurer hit a 12-month high after its quarterly loss narrowed despite big losses in credit derivative contracts.

The next generation in lighting technology clearly will be LEDs - but the next but one is already in sight: Organic LEDs offer even more design options than conventional LEDs.

Applied Materials Inc. said Tuesday it offered to buy Semitool Inc. for $364 million in cash, a move the company says will broaden its portfolio of chip manufacturing equipment.

Austin-based startup ActaCell Inc., which is developing advanced battery cells, has received a grant worth as much as $1 million from the Texas Emerging Technology Fund.

Applied Materials Inc. , the largest maker of chip-production machinery, may be preparing to cut more jobs, a sign the company doesna t expect the market to bounce back to pre-recession levels.

EQUIPMENT SECTOR is showing distinct signs of pulling out of its horrific 2009 downturn.

Amid a rebound in its results, Applied Materials Inc. on Wednesday said that it expects to reduce its workforce by approximately 1,300-to-1,500 positions, or 10-to-12 percent, over a period of 18 months.

Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs to save money as it grapples with a business downturn.

In this Jan. 30, 2009 file photo, Applied Materials Inc. CEO Michael Splinter speaks during a session at the World Economic Forum in Davos, Switzerland.

November 12, 2009 by Eric Savitz Blogger and Columnist, Barron's, Tech Trader Daily Applied Materials yesterday afternoon posted stellar results for the fiscal fourth quarter ended October 25; revenue of $1.53 billion was well ahead of the Street at $1.32 billion, and non-GAAP EPS of 13 cents a share crushed the consensus number at three cents.

Today: HP is in a deal to buy 3Com for $2.7 billion. Applied Materials is cutting up to 1,500 jobs.

Applied Materials on Wednesday became the third Silicon Valley company to announce major layoffs this week, and economists warned that job losses may continue as businesses grapple for the next year - or longer - with the aftereffects of a bruising recession.

Applied Materials Inc. and Computer Sciences Corp. are set to release quarterly results Wednesday evening, with the chip-equipment maker expected post a slide in earnings while the systems integration and outsourcing company is expected report an earnings surge.